Terramundi Money Pots Ltd - Accounts to registrar (filleted) - small 18.2
Terramundi Money Pots Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 29 FEBRUARY 2020 |
| FOR |
| TERRAMUNDI MONEY POTS LTD |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 29 February 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TERRAMUNDI MONEY POTS LTD |
| COMPANY INFORMATION |
| for the Year Ended 29 February 2020 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| First Floor |
| 677 High Road |
| North Finchley |
| London |
| N12 0DA |
| BANKERS: |
| 4 Tuesday Market Place |
| King's Lynn |
| Norfolk |
| PE30 1YY |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| BALANCE SHEET |
| 29 February 2020 |
| 29.2.20 | 28.2.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| BALANCE SHEET - continued |
| 29 February 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on were signed on its behalf by: |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 29 February 2020 |
| 1. | STATUTORY INFORMATION |
| Terramundi Money Pots Ltd is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. Cost represents the original purchase price paid for the goods. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| Deferred taxation |
| Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods |
| different from those in which they are included in the company's accounts. Deferred tax is provided in full on |
| timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates |
| that are expected to apply when the timing differences reverse, based on current tax rates and laws. |
| Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no |
| commitment to sell the asset. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 29 February 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| Short | to | Plant and |
| leasehold | property | machinery |
| £ | £ | £ |
| COST |
| At 1 March 2019 |
| and 29 February 2020 |
| DEPRECIATION |
| At 1 March 2019 |
| Charge for year |
| At 29 February 2020 |
| NET BOOK VALUE |
| At 29 February 2020 |
| At 28 February 2019 |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2019 |
| and 29 February 2020 |
| DEPRECIATION |
| At 1 March 2019 |
| Charge for year |
| At 29 February 2020 |
| NET BOOK VALUE |
| At 29 February 2020 |
| At 28 February 2019 |
| 5. | STOCKS |
| 29.2.20 | 28.2.19 |
| £ | £ |
| Stocks |
| 6. | DEBTORS |
| 29.2.20 | 28.2.19 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| TERRAMUNDI MONEY POTS LTD (REGISTERED NUMBER: 04154468) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 29 February 2020 |
| 6. | DEBTORS - continued |
| 29.2.20 | 28.2.19 |
| £ | £ |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 29.2.20 | 28.2.19 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |